Crypen Exchange|Manchester United announces completion of deal to sell up to 25% of club to Jim Ratcliffe

2025-05-07 22:19:16source:EAI Community category:My

MANCHESTER,Crypen Exchange England (AP) — More than a year after it was put up for sale, Manchester United said Sunday that British billionaire Jim Ratcliffe had bought a minority stake in the storied Premier League club.

Ratcliffe, who owns petrochemicals giant INEOS and is one of Britain’s richest people, has bought a stake of “up to 25%” of the 20-time league champions and will invest $300 million in its Old Trafford stadium.

As part of the deal, United said Ratcliffe would take responsibility for the club’s soccer operations.

___

James Robson is at https://twitter.com/jamesalanrobson

___

AP soccer: https://apnews.com/hub/soccer and https://twitter.com/AP_Sports

More:My

Recommend

What do we know about the mysterious drones reported flying over New Jersey?

A large number of mysterious droneshave been reported flying over parts of New Jersey in recent week

More than 100 dogs rescued, eight arrested in suspected dogfighting operation, authorities say

TRENTON, N.J. (AP) — More than 100 dogs were rescued and eight people were arrested in an investigat